COVID-19 IMPACT: MAHARASHTRA GOVERNMENT TEMPORARILY CUTS DOWN STAMP DUTY TO 2%

Highlights

• Maharashtra state government took this decision to boost ailing real estate market

• The stamp duty has been brought down from 5 percent to 2 percent till December 31, 2020

• According to the sources, the stamp duty will be hiked again to 3 percent from January 1, 2021 till March 31, 2021

According to the sources, the state government of Maharashtra led by the Chief Minister U....